Serbian central bank Vice Governor Bojan Markovic became the second National Bank of Serbia official to quit over a law that cuts the bank’s autonomy, risks European Union entry and threatens a $1.3 billion bailout.
High school rugby coach Bob Markovich paid $3,812 for 250 shares of the Global X Copper Miners ETF in September. He got the idea from an investment club he advises for students, including his daughter Lydia.
Serbia’s central bank, which raised interest rates on Aug. 5 to help stem the long-term impact of rising in food prices, is closely monitoring the effect of the poor farming season on the economy , Deputy Governor Bojan Markovic said.
Serbia’s current-account deficit is sustainable and will have a “limited impact” on the dinar as companies import technology and machinery to produce exports, central bank Deputy Governor Bojan Markovic said.